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Morgan Stanley expands crypto push with E*TRADE spot trading, Solana and Ethereum ETF filings

Morgan Stanley expands crypto push with E*TRADE spot trading, Solana and Ethereum ETF filings

E*TRADE has completed its rollout of direct Bitcoin, Ether and Solana trading for eligible clients at a 0.50% fee, with wallet transfer functionality expected later this year alongside broader digital-asset expansion.

BTC
ETH
SOL

Fact Check
Both components of the claim are corroborated by multiple independent sources. Solana Compass confirms E*TRADE from Morgan Stanley launched spot BTC, ETH, and SOL trading on Zero Hash infrastructure. Ledger Insights independently confirms the E*Trade/Zero Hash partnership and the spot Bitcoin/Ethereum/Solana ETF filings. Yahoo Finance confirms Morgan Stanley filed for spot Ethereum and Solana ETFs. The details (three initial assets, Zero Hash, ETF filings) align across all sources.
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Summary

Morgan Stanley has completed the full rollout of spot crypto trading on E*TRADE, allowing eligible clients to buy, sell and hold Bitcoin, Ether and Solana directly within their brokerage accounts. The service, powered by Zero Hash infrastructure, charges a 0.50% transaction fee and offers 24/7 trading, though crypto transfer functionality is not expected until later this year. The rollout follows Morgan Stanley’s earlier announcement of its crypto trading plans in September 2025 and a pilot launched in May 2026 before wider availability on July 16, 2026. The bank has also been broadening its digital-asset strategy through cryptocurrency-focused exchange-traded funds and other products, while existing topic information states Morgan Stanley has filed for spot Ethereum and Solana ETFs in the United States. The move adds pressure on large brokerages including Charles Schwab and Fidelity as traditional financial firms compete to offer integrated crypto exposure inside mainstream investment accounts.

Terms & Concepts
  • spot crypto trading: Direct buying and selling of digital assets for immediate ownership rather than through derivatives.
  • custody: The safekeeping and control of client assets by a platform or service provider.
  • self-custody: Holding and controlling digital assets in a personal wallet instead of leaving them with an intermediary.